The ROI of Background Screening

The ROI of Background Screening

The net annual Return On Investment for background screening is over 900%.

There are scarce few business expenses that can generate the type of ROI that background screening can.

According to the US Small Business Administration, for every dollar an employer invests in employment screening, the return on investment ranges from $5-16, resulting from improved productivity, reduced absenteeism, lower turnover – and decreased employer liability.

The Saratoga Institute estimates the cost of turnover at 150% of annual compensation for salaried workers.

Dr. Bradford Smart suggests that the cost for senior executive turnover is as high as 2,400% in his book Topgrading.

The United States Department of Commerce reports that 30% of all business failures result from theft or embezzlement.